[StavrosK]

Cyprus might be a tax haven, but the accountants will get you. We got a bill for 2,000 euros from our accountant for filing some papers or something. We had, quite literally, three jobs in the past year, totalling 3,000 euros, and the accountant wanted 2/3rds of that to file those three invoices.

I am not sure if you can file taxes without an accountant, but be prepared to pay through the nose for one. Both our lawyer and our accountant also gave us bad advice, like telling us we needed to register for VAT (we didn't), just to get more money out of us. A year later, the company owes the lawyer and accountant more than it ever made, without us ever seeing a single cent.

[bobds]

There must be some cheaper accountants in Cyprus. It sucks getting bad advice from your accountant or lawyer, it's a good idea to at least give a quick read to the relevant legislation yourself. Especially the double-taxation treaties that apply in your situation.

[StavrosK]

I did, when the accountant told us he wanted another 2,000 euros to unregister us from VAT. It turned out to be a simple, two-page form. God I hate that guy.